Payapps Integration with MYOB AccountRight
Targeted at subcontractors, this integration automates the invoice and bill entry process, directly aligning with the financial management needs of smaller contractors or subcontractors in construction.
Key Features:
• Automated invoice and bill entry using Payapps data, reducing manual data entry and errors.
• Direct integration of 'Accounts Receivable' and 'Accounts Payable' with MYOB AccountRight.
• Subcontract income and expenses are automatically allocated to the correct General Ledger (GL) accounts.
• Clear and maintained audit trails and claim action histories.
• Simplified management of variations and tracking of progress.
• Documentation and easy access to retention information.
Payapps Integration with MYOB Advanced
Geared towards main contractors of large-scale projects, this integration offers real-time data syncing, ensuring high-level project and contract management efficiency.
Key Features:
• Real-time synchronisation of project and contract data, including instant transfer of approved claims as bills.
• Detailed Work Breakdown Structure in Payapps for greater accuracy in contract works and cost management.
• Separate management of Change Orders from original contract works.
• Enhanced approval workflows and notification systems within Payapps.
• Real-time validations to ensure system alignment and accuracy.
Overall Benefits
Payapps, with its MYOB integrations, offers a comprehensive solution for different stakeholders in the construction industry. It facilitates better financial management, ensures compliance, and reduces the risk of disputes, making the entire process of progress claims management smoother and more reliable.
• Streamlines payment processes for both subcontractors and main contractors.
• Reduces time spent on processing and approving payment claims.
• Minimises disputes and enhances compliance with industry regulations.
• Improves overall financial management and operational efficiency in construction projects.
This integration positions Payapps as a vital tool in the construction industry, simplifying complex processes and contributing to successful project management and completion.
Explore the Power of Payapps & MYOB Integration
Uncover the full potential of Payapps with MYOB on our Integration Blog.
For a deeper dive, our progress claim experts will show you how Payapps revolutionises MYOB system management and claim processing. Connect now for a game-changing experience!
SPEAK TO A PAYAPPS EXPERT